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President Obama's Trip to Cuba Part 2

Yes, a Part 2.

President Obama's historic visit to Cuba was two weeks ago which, in today's fast-paced news cycle, is old, but nonetheless very relevant. It also carries significant impact on the world's present and future.

President Obama's visit to Cuba was the first by a sitting U.S. President in nearly 90 years. Those 90 years are characterized by embargoes, diplomatic mistrust, and near-nuclear warfare. Ironically enough, 90 is also the number of miles Cuba is from Miami.

During his visit, President Obama stated:

"Many suggested that I come here and ask the people of Cuba to tear something down. But I'm appealing to the young people of Cuba who will lift something up, building something new."

These comments refer to Cuba's communist government which places tight restrictions on many of the freedoms we have in the US, such as freedom of speech. President Obama advocated Cuba's societal and governmental advancement from communism to a democracy.

Of course, the visit also entailed some of the US' economic interests. Opening up trade with Cuba means more private investment opportunities for US and Cuban businesses, more avenues for entrepreneurship and innovation in both countries, and the resultant impacts job creation. This means real GDP growth, healthier and more stable economies, and peaceable partnerships in the future between both nations.

Layered with the historic and political implications of the President's trip, the potential economic impacts of a visit such as this cannot be ignored.

As one of my college professors used to say: "International relations is economic relations."



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